Search For "psu banks"
Most PSU banks likely to report strong loan growth driven by Retail, Agri
Updated : 5 months, 3 weeks ago IST
Even as corporate loan growth continues to remain subdued, most public sector banks (PSBs) are expected to post robust loan growth in the coming quarter, primarily led by loans to retail, agriculture, and MSME segments, according to a sector update by Nuvama Institutional Equities.
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RBI's rate cuts transmission visible in banks' books, faster adoption in P
Updated : 7 months, 3 weeks ago IST
The transmission of policy rate cuts by the Reserve Bank of India (RBI) is visible in the outstanding books of banks and fresh loans are given at relatively higher margins, according to a recent report by CareEdge Ratings.
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MTNL defaults on Rs 8,585 Crore loan to seven PSU banks, fails to repay pr
Updated : 8 months, 1 week ago IST
State-run Mahanagar Telephone Nigam Ltd (MTNL) has defaulted on the payments of both principal and interest to seven major public sector banks, totalling Rs 8,585 crore.
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PSU Banks continue to lead in ATM transactions, Private banks dominates in
Updated : 9 months ago IST
Public sector banks (PSBs) continue to dominate in terms of the value of transactions made through ATMs and cash deposit machines (CRMs), while private sector banks maintained a strong lead in online (e-commerce) transaction value, according to the data from a report by Indus Equity.
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PSU banks gain market share amid slow down in credit growth: UBI Report
Updated : 9 months, 1 week ago IST
The credit growth of Indian banks moderated in the Financial Year 2025, yet Public Sector Banks (PSBs) gained the market share, outperforming their Private Banks (PVBs) counterparts, according to a report by the Union Bank of India.
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Sensex, Nifty open flat; FMCG, Metal and Consumer durables down, IT, PSU b
Updated : 10 months ago IST
Indian stock markets on Wednesday opened flat despite a strong handover from the markets of the United States and Asian peers.
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AVG Logistics secured long term banking facilities to cater FY 2025/26 Cap
Updated : 10 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 14: AVG Logistics Limited (BSE - 543910, NSE - AVG a leading multimodal logistics solutions provider, is pleased to announce that it has received debt funding approvals of up to approximately Rs112 Cr from two prominent PSU banks. The funds will be utilised
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Indian PSU banks post market cap declines in January-March quarter
Updated : 11 months, 2 weeks ago IST
Seven of the 12 biggest Indian banks that reported a decline in their market cap in the January-March 2025 quarter were state-owned, according to S&P Global Market Intelligence data and analysis.
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Long-term reforms rather than short-term measures expected from the first
Updated : 1 year, 1 month ago IST
Later, in the first full budget of his second term in 2019 the focus shifted towards bolstering domestic manufacturing, advancing the Aatma-Nirbhar Bharat initiative, cutting corporate taxes, and promoting green energy, fuelling a surge in market capitalization, profitability of domestic cyc
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Agrochemical, PSU banks, OMCs, consumer durable, and retail to show strong
Updated : 1 year, 2 months ago IST
The Nifty 50 companies, excluding financial, telecom, cement, and commodity sectors, are expected to show subdued growth in their financial performance for the third quarter of FY25, according to a report by Antique Stock.
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Govt announces new performance-linked incentives for PSU banks' senior exe
Updated : 1 year, 4 months ago IST
The PLI will be paid in a single tranche and the entire payment shall be in cash. The scheme will come into force retrospectively from the financial year 2023-24.
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Q2 earnings reflect weak performance of FMCG, auto, consumer durables; PSU
Updated : 1 year, 4 months ago IST
The Q2 FY25 earnings season has highlighted challenges across several sectors, causing concern among investors as many companies reported weaker-than-expected performance.
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